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Dec 30, 2012
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you've been quite skeptical and skeicis seems the proper attitude given what history has shown us what washington can do. >> exactly, brenda. one of the reasons that jim alluded to, he said, look, we don't need to pay attention to the market. well, we need to pay attention to the psychology though. the market is one manifestcation of that, but it works in other things like retail spending over the holidays. people just fear this fcal cliff thing and they get scared and they tight in and they don't spend as much, i think y're going to see that when the final retail results come out from this past t holiday season. that's why iant something resolved. even if there's a big headline in theashington post, it's fiscal cliff resolved and nothing got done, people would feel better about things. >>oby, speak to that point. you don't think so, huh? >> was that the pablem strategy, gary? >> that's what we're going to get yway. >> six months ago we passed on the horrible sequestration things so congress can have time and solve this, where did it get us? nowhere. and there's a reason people don'trust this con
you've been quite skeptical and skeicis seems the proper attitude given what history has shown us what washington can do. >> exactly, brenda. one of the reasons that jim alluded to, he said, look, we don't need to pay attention to the market. well, we need to pay attention to the psychology though. the market is one manifestcation of that, but it works in other things like retail spending over the holidays. people just fear this fcal cliff thing and they get scared and they tight in and...
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Dec 22, 2012
12/12
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washington still in disarray. seemed earlier this week, the president obama, house speaker john boehner, would get a deal that would include deficit reduction and tax reform. that has fallen apart. so there is a big question mark about what happens now. how they move forward. president obama boarded air force one friday evening with his family. as they left for hawaii. but a little earlier in the day, he met with senate majority leader harry reid and spoke with house speaker john bainer and addressed the nation on the topic of avoiding the fiscal cliff. called on lawmakers to compromi compromise, to get a deal done. he acknowledged time has run out for getting a larger package. what they need to focus on now is getting a smaller deal that will avoid taxes from going up on middle class americans. meanwhile, a very rough friday for house speaker john boehner, really spent most of the day, explaining what has been views as a political blow, when on thursday, many republicans refused to back his plan b. that is speake
washington still in disarray. seemed earlier this week, the president obama, house speaker john boehner, would get a deal that would include deficit reduction and tax reform. that has fallen apart. so there is a big question mark about what happens now. how they move forward. president obama boarded air force one friday evening with his family. as they left for hawaii. but a little earlier in the day, he met with senate majority leader harry reid and spoke with house speaker john bainer and...
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Dec 14, 2012
12/12
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steve forbes joining us with his warning for washington and why he fears a recession imi
steve forbes joining us with his warning for washington and why he fears a recession imi
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Dec 14, 2012
12/12
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peter doocy is following this story from washington and there are so many angles to this one. good morning, peter. >> there are. ambassador susan rice was never actually nominated for the job of secretary of state but based on statements president obama made in public hefz believed to be a frontrunner for his nomination. she thinks a potential confirmation process would have been lengthy and disruptive so she says she is out. >> i withdrew my name because i think it's the right thing for the country. i think it's the right thing for the president and putting those things together that makes it the right thing for me and my family. >> president obama said while i deeply regret the unfair attacks on susan rice in recent weeks the position demonstrates strength of her character and admirable commitment to rise above the politics at the moment to put our national interests fist. the american people can be proud to have a public servant of her caliber and character representing our country. republican senator lindsay graham says he respects rice's decision to withdraw her name. gra
peter doocy is following this story from washington and there are so many angles to this one. good morning, peter. >> there are. ambassador susan rice was never actually nominated for the job of secretary of state but based on statements president obama made in public hefz believed to be a frontrunner for his nomination. she thinks a potential confirmation process would have been lengthy and disruptive so she says she is out. >> i withdrew my name because i think it's the right...
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Dec 19, 2012
12/12
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and let's remember, washington and congress in particular, they love commissions. they love to form commissions. it is a way of kicking issues down the road or passing the buck, so their colleagues can make calls on these tough legislative issues instead of themselves. >> there is also a lot of fights going on the state level. michigan's governor just veto a bill that would have expanded where people could have carried weapons. on the other hand, ohio's governor says he will sign a bill that will allow guns into the state house parking lot. are we going to see more legislation at the state level while all this plays out at the federal level? >> i do believe so. i think that's a great point. especially as congress proves increasingly ineffective at being able to pass anything. i think you'll see states taking control on things like immigration and also in wake of the tragedy, gun control. and mayor michael bloomberg has been a big advocate for gun control. and also it is not only states, but cities as well. rahm emanuel, guns are a huge issue in chicago, given the r
and let's remember, washington and congress in particular, they love commissions. they love to form commissions. it is a way of kicking issues down the road or passing the buck, so their colleagues can make calls on these tough legislative issues instead of themselves. >> there is also a lot of fights going on the state level. michigan's governor just veto a bill that would have expanded where people could have carried weapons. on the other hand, ohio's governor says he will sign a bill...
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Dec 21, 2012
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there is so many worries about washington. the truth is you are seeing selling across the board and the financials continue to be under significant pressure. that to you. melissa: the nra is speaking out today. violent video games and movies share blame for such a tragedy and calling for armed police and such schools. >> they are already in some schools and school systems. we decided to figure out what would this cost. fox business has determined if he were to put an armed police officer in every private or public school, it would be roughly $5 billion to taxpayers assuming the security guard is making an average of $34,000. wayne from it nra had the press conference where he called uuon all kinds of issues, but made it very clear and simple. >> the only way to stop a monster from killing our kids is to be personally involved and invested in a plan of absolute protection. the only thing that stops a bad guy with a gun is a good guy with a gun. >> he also went on to talk about the need for hollywood to accept some responsibilit
there is so many worries about washington. the truth is you are seeing selling across the board and the financials continue to be under significant pressure. that to you. melissa: the nra is speaking out today. violent video games and movies share blame for such a tragedy and calling for armed police and such schools. >> they are already in some schools and school systems. we decided to figure out what would this cost. fox business has determined if he were to put an armed police officer...
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Dec 30, 2012
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we got called into a meeting tonight, in washington, d.c., in fact, i am leaving here to fly to washington right away. the meeting was not supposed to take place until the morning. ordinarily, that means that something is up. you mentioned in the intro to this piece that there is a 3:00 deadline. it may be a testament to the fact that we are up against's deadline. i don't know. i hope we will see something clean and simple in the next 24 to 48 hours. if the president load its up with stim scplus unemployment insurance and delays on the spending cuts, we are going to have a problem. but i am getting more comfortable that we will see something in the next 24 hours. >> eric: we'll see what happens. happy new year, by the way -- if we can have one. nice tie. [chuckles] >> eric, thanks very much. >> economists have warned of a double-dip recession if a deal is not reached. how likely is that to happen? what does that mean for you? we have an economist at the university of maryland and former chief economist with the united states international trade commission here. thank you for joining us. >>
we got called into a meeting tonight, in washington, d.c., in fact, i am leaving here to fly to washington right away. the meeting was not supposed to take place until the morning. ordinarily, that means that something is up. you mentioned in the intro to this piece that there is a 3:00 deadline. it may be a testament to the fact that we are up against's deadline. i don't know. i hope we will see something clean and simple in the next 24 to 48 hours. if the president load its up with stim...
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Dec 22, 2012
12/12
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one more note from washington. president obama nominated senator john kerry to succeed hillary clinton as secretary of state. secretary clinton who was still recovering from a concussion, was not there, but in a statement called the pick excellent. president obama's first choice for the job, susan rice withdrew her name after coming under fire about the tragedy in benghazi, libya. >>> now an update on that prison break. two convicted robbers scaling 17 stories with a rope made out of bed sheets. then impossibly hailing a cab to freedom. tonight, a new twist. abc's john schriffen has our story. >> reporter: he pulled off a daring escape from prison, but now joseph "jose" banks is busted. appearing in court this afternoon, after nearly three days on the run. the fbi arresting him late last night in chicago. >> yeah, it's kind of scary. but i thought that they'd, like, go far away. >> reporter: we now know both accomplished bank robbers, joseph banks seen here on surveillance video, broke out of their high-rise federa
one more note from washington. president obama nominated senator john kerry to succeed hillary clinton as secretary of state. secretary clinton who was still recovering from a concussion, was not there, but in a statement called the pick excellent. president obama's first choice for the job, susan rice withdrew her name after coming under fire about the tragedy in benghazi, libya. >>> now an update on that prison break. two convicted robbers scaling 17 stories with a rope made out of...
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Dec 18, 2012
12/12
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god, because who the hell knows what washington is going to. do they make decisions based on what they think they can do to impact their business oh, pand their business, so whether it's cost savings or whether it's revenue growth, the government's there. i am not as boss mettic about the effects of the fiscal cliff. in fact, i could argue over the long term let's have the battle now. >> go over it. go over the cliff? >> let's go over it. you know, if i were a republican, i'd say, okay, i'm going to put my offer on the table. the best i can do. i think there's a lot of ways to deal with the people of 250 and below about their taxes. carve that out. take that off the table. it's no longer now a political issue. okay, mr. president, and by the way, my fervent wish is that this sitting president. >> does well. >> be the best president we've ever had in the history of the country because if he does, that all of us here, all of us all over america, will be a lot better off. we all win if he wins, so let's understand politics are over. the election i
god, because who the hell knows what washington is going to. do they make decisions based on what they think they can do to impact their business oh, pand their business, so whether it's cost savings or whether it's revenue growth, the government's there. i am not as boss mettic about the effects of the fiscal cliff. in fact, i could argue over the long term let's have the battle now. >> go over it. go over the cliff? >> let's go over it. you know, if i were a republican, i'd say,...
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Dec 29, 2012
12/12
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WBAL
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washington -- the 17 footer. washington a winner for the fourth time this season. 105-97. the independence bowl in la. if you ever wonder where the former nebraska coach disappeared to -- a little play action. the the the arms. look a bat. -- look at the arms. look at that. 45-14. >> tonight was good riddance day. the day to take your worst memories of 2012 and smashed them to smithereens. or run them through a paper shredder. in times square is, people lined up to publicly wiping the slate clean. they tossed out everything from pink slips to memories of that break up. i liked it. out with the old, in with the new. new tradition here. speaking of good riddance, the polish pontiff almost none words is out. coming at the doug no. 5 -- twitterverse. four, just saying folowed by you know. the next is like. topping the list -- whatever. the most annoying were for the fourth year in a row. all of those words, a band. >> if you have teenagers, you know. >> more looked at the snow forecast. starting sometime after midnight. light snow flurries. 1-4 inches. most of you will be clos
washington -- the 17 footer. washington a winner for the fourth time this season. 105-97. the independence bowl in la. if you ever wonder where the former nebraska coach disappeared to -- a little play action. the the the arms. look a bat. -- look at the arms. look at that. 45-14. >> tonight was good riddance day. the day to take your worst memories of 2012 and smashed them to smithereens. or run them through a paper shredder. in times square is, people lined up to publicly wiping the...
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Dec 19, 2012
12/12
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a lot of uncertainty in washington. you still have a smile on your face. are you hopeful you will get it done? >> i'm hopeful for a number of reasons. number one, i think the mood of the country is very somber. >> yes. >> post connecticut. i don't think that people are in the mood to watch the president and the congress go through shenanigans over what most people don't even understand. we know taxes are going up. let's get it over with. whether or not they deal with underlying problems, we still have negative gnp next year and but i think a deal or framework of a deal will get done. it will be some euphoria and a slight correction in the market. >> what about the overall 2013? >> i think this is a little y2k-ish. there are countdowns. everyone is talking about the cliff, the cliff, the cliff pip feel a little bit like it is like y2k. money is cheap. people are getting in a sense within whether it is realistic or not, housing, financials, and i think there is a an enormous amount of m and a activity for a number ever reasons. first is money is cheap. >> ri
a lot of uncertainty in washington. you still have a smile on your face. are you hopeful you will get it done? >> i'm hopeful for a number of reasons. number one, i think the mood of the country is very somber. >> yes. >> post connecticut. i don't think that people are in the mood to watch the president and the congress go through shenanigans over what most people don't even understand. we know taxes are going up. let's get it over with. whether or not they deal with...
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Dec 14, 2012
12/12
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it was so small but this is why people hate washington. >> here is what we don't know. i think we can assume there were two names on the list. and what we don't know is in a world with no static, what was president obama's first choice? in this environment, assuming the president's choice was john kerry, not by default, how would you handle it? >> you would ask susan rice to publicly withdraw from consideration rather than appear to reject her. there is a lot of reporting right now which is usually what happens. there is more communication. that this wasn't something done freelance. it was honest. of course i wanted the job. it is secretary of the state. let's not pretend that i didn't want the job. the question to me is, how much does the secretary of state affect u.s. foreign policy and diploemsy. but we never have gotten to any of that and it is the stupidity of our conversation and on foreign policy, no one wants to talk about the stuff that is happening. >> on the scott brown campaign, he is up against something tough. he has expressed an interest in this. i in vid
it was so small but this is why people hate washington. >> here is what we don't know. i think we can assume there were two names on the list. and what we don't know is in a world with no static, what was president obama's first choice? in this environment, assuming the president's choice was john kerry, not by default, how would you handle it? >> you would ask susan rice to publicly withdraw from consideration rather than appear to reject her. there is a lot of reporting right now...
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Dec 7, 2012
12/12
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stephanie rawlings-blake and lardarius webb helped countdown to the lighting of the washington monument in mount vernon. some of our mourning faces turned into night owls for the event. i do not know how you're able to do that. >> i was following your lead. >> the fireworks were spectacular. >> some other lighting ceremonies are going on today. midnightegins wi-- madness begins. in cockeysville, the military tree lighting. attendees will honor those serving overseas. we want to show off your decorations. tell us what your house should be featured on 11 news. that is working out pretty good. >> great displays. 33 degrees at the airport. same-sex marriage licenses are officially available in maryland. >> one problem couples could encounter. >> >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. welcome back to 11 news today. i'm stan stovall. >> and i'm mindy basara. thanks for joining us for 11 news today. happy friday. how is the forecast looking? >> yesterday the flavor was chilly. ok. today, a different flavor. not quite as ch
stephanie rawlings-blake and lardarius webb helped countdown to the lighting of the washington monument in mount vernon. some of our mourning faces turned into night owls for the event. i do not know how you're able to do that. >> i was following your lead. >> the fireworks were spectacular. >> some other lighting ceremonies are going on today. midnightegins wi-- madness begins. in cockeysville, the military tree lighting. attendees will honor those serving overseas. we want...
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Dec 21, 2012
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. >> "the washington post" asked the question who do you trouft protect the middle class. president obama 58%, republicans 32%. one thing that's lost in this plan b that was proposed by speaker boehner would have cut food stamp, meals on wheels. that's not why congressman huelskamp and others were opposed to plan b. they were opposed that nothing should to be done to include taxes. >> and unemployment benefits. they don't care about the poor and middle class. they care about protecting billionaires and billionaires who don't need it. these people should resign. they obviously have no interest in governing. they only have an interest -- >> they won't resign. >> we have no interest in doing stopping what president obama is doing. i don't know how you get anything done. this is an inconceivable dilemma. i can't think of what the words are for a solution. these are people against veterans benefits, veterans jobs bill, u.n. disability treaty, people against chuck haggle being secretary of defense and susan rice against secretary of state. they are against anything. anything pos
. >> "the washington post" asked the question who do you trouft protect the middle class. president obama 58%, republicans 32%. one thing that's lost in this plan b that was proposed by speaker boehner would have cut food stamp, meals on wheels. that's not why congressman huelskamp and others were opposed to plan b. they were opposed that nothing should to be done to include taxes. >> and unemployment benefits. they don't care about the poor and middle class. they care...
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Dec 6, 2012
12/12
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possession is now legal in washington state. but the new marijuana law is now setting the stage for a new showdown involving the feds. we get the story from kristen dahlgren. >> reporter: at seattle landmark, a celebration. as of midnight, washington state's new law makes it legal for adults to possess up to an ounce of marijuana. >> the first legal case. >> reporter: the new system is modelled on alcohol laws. it is still illegal to drive impaired or possess pot under twenty-one, they issued verbal warnings only. you can legally possess one ounce, use it in private. but stores will not be licensed to sell it for recreational use for a year, without a prescription there is still no sale. recreational users are going to say where am i going to buy this marijuana if it is illegal to sell marijuana still? >> reporter: federal law still prohibits the sale in any state. >> the federal government may prosecute anyone who uses marijuana on federal land, parks's courthouses, and could go after the large-scale growers whether or n who su
possession is now legal in washington state. but the new marijuana law is now setting the stage for a new showdown involving the feds. we get the story from kristen dahlgren. >> reporter: at seattle landmark, a celebration. as of midnight, washington state's new law makes it legal for adults to possess up to an ounce of marijuana. >> the first legal case. >> reporter: the new system is modelled on alcohol laws. it is still illegal to drive impaired or possess pot under...
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Dec 23, 2012
12/12
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hello again from fox news in washington. at christmas, people who are naughty get coal in their stockings and at the white house and congress -- if the white house and congress don't make a deal in the next nine days to avoid the fiscal cliff we ring in the new year with big tax increases and spending cuts. here to talk about what is going to happen are two leading senators. john barasso, chairman of the republican policy committee and from new york democrat kent conrad, chairman of the senate budget committee. senators welcome back to "fox news sunday." >> thanks for having me. >> good to be with you. >> chris: before heading to hawaii for christmas the president laid out a new stripped down plan to avert the fiscal cliff. here is what it is. extend the bush tax cuts for people making less than $250,000. extend unemployment benefits for the 2 million people who will run out next month and delay the sequester of $110 billion in spending cuts next year. for all of the talk of $4 trillion in debt reduction this plan would only
hello again from fox news in washington. at christmas, people who are naughty get coal in their stockings and at the white house and congress -- if the white house and congress don't make a deal in the next nine days to avoid the fiscal cliff we ring in the new year with big tax increases and spending cuts. here to talk about what is going to happen are two leading senators. john barasso, chairman of the republican policy committee and from new york democrat kent conrad, chairman of the senate...
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Dec 27, 2012
12/12
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they are not in washington, d.c. the house of representatives are not here. they couldn't even get the leadership together yesterday. they had to do it with a teleconference. republican leadership. if we go over the cliff, we'll be left with the knowledge that could have been about a single vote. mr. speaker, prior to this session starting today, the presiding officer and i had a conversation about how things have changed around here. i served in the house of representatives. there's 435 members of the house. what goes on in this country shouldn't be decided by the majority. it should be decided by the whole house of representatives. everyone knows, including the speaker of the house of representatives today, that if they had brought up -- if the senate passed bill that would give release to everyone making less than 250,000, it would pass overwhelmingly. every democrat would vote for it and republicans would vote for it. but the speaker, he says no, we can't do that. it has to be a majority of the majority. so they've done nothing. he even tried to bring up
they are not in washington, d.c. the house of representatives are not here. they couldn't even get the leadership together yesterday. they had to do it with a teleconference. republican leadership. if we go over the cliff, we'll be left with the knowledge that could have been about a single vote. mr. speaker, prior to this session starting today, the presiding officer and i had a conversation about how things have changed around here. i served in the house of representatives. there's 435...
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Dec 20, 2012
12/12
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chief washington correspondent john harwood is in d.c. with the latest. we can only hope today is as interesting as yesterday was, john. >> yeah, maybe a little bit more blow ducktive as well. what we have got john boehner trying to -- facing resistance within his caucus, trying to rally them to a position that -- of political safety as against president obama. so what he has got with plan b is a two-part approach. one has about 200 billion dollars in cuts too avert the sequester, which would hit the pentagon very hard, something republicans don't want. it's loaded up with politically volatile things democrats could never accept, cuts to food stamps, cuts to obama care, that sort of thing. then he has also got a tax cut for everybody under $1 million in income. so, that extends the bush tax cuts but for many more people than the president wants to. he said he is going to veto this approach. this it is a challenge for the speaker to get the votes to pass it because many republicans don't want to go, carl, for any tax increase for anyone, including milliona
chief washington correspondent john harwood is in d.c. with the latest. we can only hope today is as interesting as yesterday was, john. >> yeah, maybe a little bit more blow ducktive as well. what we have got john boehner trying to -- facing resistance within his caucus, trying to rally them to a position that -- of political safety as against president obama. so what he has got with plan b is a two-part approach. one has about 200 billion dollars in cuts too avert the sequester, which...
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Dec 10, 2012
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and stocks are higher as fiscal cliff song and dance continues in washington. mr. boehner says he is waiting for a proposal from this gentleman, the president. president obama. and the president is set to speak about the cliff and the a economy later today. >> i thought i was supposed to come here today. you thought you were supposed to come here today. so we are both here. not really, folks. a lot of talk today is about what investors should do if we go over the cliff. what should we do if there is a debt deal before year-end or shortly thereafter. we have smart strategies and individual stock picks for you this hour. >> that's right. well also take a look at another side of google that you very rarely hear about. the internet giant stashing billions in tax shelters to avoid paying taxes. is that fair play or outrageous corporate behavior? especially in this climate. well talk about that. but first, markets are generally higher. dow jones industrial average up 29 points on the day. nasdaq is up 7. and s&p 500 up about 1 1/2. >> they've been that way about the last
and stocks are higher as fiscal cliff song and dance continues in washington. mr. boehner says he is waiting for a proposal from this gentleman, the president. president obama. and the president is set to speak about the cliff and the a economy later today. >> i thought i was supposed to come here today. you thought you were supposed to come here today. so we are both here. not really, folks. a lot of talk today is about what investors should do if we go over the cliff. what should we do...
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Dec 21, 2012
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so eyes for these periods now around christmas squarely on washington as you might see. not much christmas cheer for research in motion either. this was a stock that was up towards after they came out with numbers better than expected. a narrow profit loss and they raised their cash. then they came up and said we're going to have to change our models on charging. and so we're going to enhance fees, get people who use added security features. we're going to charge them fees. but those who don't want those added security features, they may generate no or lower revenue. and that got analysts very worried about the service revenues. so r.i.m. stock after hours down nearly 9% on that. we'll see how that goes through trade today. those two bits of news that we're watching in the united states over here. >> happy holidays to you and to charlotte and the family. i anchored cnbc show with ross for over a year and a half. good to see him. >>> let us know why you're awake. shoot us an e-mail at way too early@msnbc.com or tweet m me @bshactman. >>> there's now speculation michael vi
so eyes for these periods now around christmas squarely on washington as you might see. not much christmas cheer for research in motion either. this was a stock that was up towards after they came out with numbers better than expected. a narrow profit loss and they raised their cash. then they came up and said we're going to have to change our models on charging. and so we're going to enhance fees, get people who use added security features. we're going to charge them fees. but those who don't...
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Dec 10, 2012
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corn, washington bureau chief for mother jones. both are msnbc political analysts. so here we go. let's start with you, gene. look at this one. a memorable moment from the spring while we were still in the middle of a tough primary fight that pushed romney to the far right. the question many were asking was could he pivot back to the center in the general election? and then this happened. the number seven quote of the year. let's watch. >> he hit a reset button for the fall campaign. everything changes. it's almost like an etch-a-sketch. you can kind of shake it up and we start all over again. >> impact statement of etch-a-sketch. >> yeah. it was wonderful because that quote confirmed what everyone suspected about mitt romney. you know, the great thing about it, a gaffe is the truth. >> if you don't agree with me now, wait two minutes and you will agree with me. one that was much more infamous because it really hurt among women. if one comment crystallized the overwhelm trouble the republican party had with women it was this. take
corn, washington bureau chief for mother jones. both are msnbc political analysts. so here we go. let's start with you, gene. look at this one. a memorable moment from the spring while we were still in the middle of a tough primary fight that pushed romney to the far right. the question many were asking was could he pivot back to the center in the general election? and then this happened. the number seven quote of the year. let's watch. >> he hit a reset button for the fall campaign....
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Dec 6, 2012
12/12
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joining me on set, the author of "the juice," and in the nation's capitol, cnbc's chief washington correspondent, john harwood. we have our sage of capitol hill luke russert on set here. you're holding it down in the nation's capital. in firms of the discussions of the fiscal cliff, the white house is focused solely on cuts for top earners. almost no discussion of unemployment insurance and payroll taxes, the farm bill which would include the price of milk and food stamps on a broader level. at what point do these become sticking points in the negotiation? >> reporter: they're going to become sticking points and probably before the end of the year, because remember there are a couple of things going on. if the president gets a deal on rates, republicans are going to be less inclined to go along with some of the other things, like extended unemployment insurance and some sort of extension perhaps in different form of the payroll tax cut. but also to avoid the sequestration, the congress has got to find some way to have cuts in the interim. if they kick the can down the road they have to have mont
joining me on set, the author of "the juice," and in the nation's capitol, cnbc's chief washington correspondent, john harwood. we have our sage of capitol hill luke russert on set here. you're holding it down in the nation's capital. in firms of the discussions of the fiscal cliff, the white house is focused solely on cuts for top earners. almost no discussion of unemployment insurance and payroll taxes, the farm bill which would include the price of milk and food stamps on a broader...
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Dec 29, 2012
12/12
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we'll see whether they make it back to washington the members of congress. straight ahead, disturbing new intelligence tonight. there is new information about north korea and we have the pictures to back it up and you will see the photos for yourself. that's next. and also on a much lighter note, videos gone viral. it is impossible to escape the call me maybe phrase. go to greta wire .com and post your picks. coming up see if your favorite made our list. okay, here's the plan. you have a plan? first we're gonna check our bags for free, thanks to our explorer card. then, the united club. my motr was so wrong about you. next, we get priory boarding on our flight i booked with miles. all because of the card. and me. okay, what's the plan? plan? mm-hmm. we're on vacation. there is no plan. really? [ male announcer ] the united mileageplus explorer card. the mileage card with speci perks on united. get it and you're in. with meet the 5-passengerd. ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load
we'll see whether they make it back to washington the members of congress. straight ahead, disturbing new intelligence tonight. there is new information about north korea and we have the pictures to back it up and you will see the photos for yourself. that's next. and also on a much lighter note, videos gone viral. it is impossible to escape the call me maybe phrase. go to greta wire .com and post your picks. coming up see if your favorite made our list. okay, here's the plan. you have a plan?...
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Dec 12, 2012
12/12
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CNBC
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meanwhile, a new poll out today on the cliff, economy and our leaders in washington. john harwood live at the wlous with more on that, john, over to you. >> reporter: sue, we will have full details tonight after 6:30 p.m. but for now, we've got one early release question which the results will not come as a surprise to anybody on our network because the desire by the public for law makers in washington to make a deal is very strong. when we ask people, do you want both sides to compromise on their positions, even if that means cuts in social security and higher taxes, or do you want them to stick to their position, 65% of the american people say they want both parties to compromise only 28% say stick to your positions. that is very consistent with the desire on wall street. and it is on main street as well, to get something done. and as you mentioned, sue, there has not been much external signs of a deal. though we did have an exchange of offers and that at least is something. >> indeed, john, it is. thank you very much. john harwood live at the white house. ty? >> su
meanwhile, a new poll out today on the cliff, economy and our leaders in washington. john harwood live at the wlous with more on that, john, over to you. >> reporter: sue, we will have full details tonight after 6:30 p.m. but for now, we've got one early release question which the results will not come as a surprise to anybody on our network because the desire by the public for law makers in washington to make a deal is very strong. when we ask people, do you want both sides to compromise...
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Dec 17, 2012
12/12
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CNBC
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in downtown washington we found people demanding tougher gun control laws. the powerful pro gun lobby. but it was lifetime nra member joe mansion making news today for his call for reasonable restrictions on guns. >> we can protect the second amendment rights. we definitely can protect it. and we will protect it. but we can look at also ways that we can make our country and our children more safe. i really believe that. that we could sit down and have that dialogue and hopefully movement on that. >> and this afternoon senator patrick leahy announced on the senate floor that he will hold gun safety hearings early next year. >> all right, hampton. thank you so much. fast money beginning in just a few minutes. melissa lee has the preview. >> at the top of the hour on "fast money," with apple continuing its collapse our traders will give you the five text stocks you want to own instead of apple going into the new year. and what does it look like for the mortgage intersection redestruction? analysts will give you the plays you want to play and also the plays you
in downtown washington we found people demanding tougher gun control laws. the powerful pro gun lobby. but it was lifetime nra member joe mansion making news today for his call for reasonable restrictions on guns. >> we can protect the second amendment rights. we definitely can protect it. and we will protect it. but we can look at also ways that we can make our country and our children more safe. i really believe that. that we could sit down and have that dialogue and hopefully movement...
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Dec 14, 2012
12/12
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joining me is "washington post" reporter nia malika harrison. i don't have to call you by your title, which is easier. nia. here we go. watching this thing as of tonight are we looking like we'll get to the cliff if not over it? what would you say right now? end of december how does it look to you watching this thing as an observer? >> right. well, there's certainly a debate inside the white house about whether or not to go over the cliff, whether or not it's actually a politically more advantageous for the white house to actually go over the cliff. maybe that strengthens the president's hand. the same conversation is going on among house republicans about whether or not they would be strengthened if in fact this happens, we go over the cliff. two things happened today, one of think is bernanke came out and started talking about the volatility of the markets. the other thing that happened was boehner essentially came out and seemed to give a non-answer around this question of whether or not he would back just voting on the middle-class tax cuts.
joining me is "washington post" reporter nia malika harrison. i don't have to call you by your title, which is easier. nia. here we go. watching this thing as of tonight are we looking like we'll get to the cliff if not over it? what would you say right now? end of december how does it look to you watching this thing as an observer? >> right. well, there's certainly a debate inside the white house about whether or not to go over the cliff, whether or not it's actually a...
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Dec 21, 2012
12/12
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CNBC
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half as the economy teethers on the edge of the fiscal cliff we have the trade you need to make if washington sends us over. we'll zero in as well on one of the best trades of 2012. can it continue to make shareholders smile in the new year? we'll show you what it is and how to play it. we'll also trade a little mobile payments i think when we come back. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national let
half as the economy teethers on the edge of the fiscal cliff we have the trade you need to make if washington sends us over. we'll zero in as well on one of the best trades of 2012. can it continue to make shareholders smile in the new year? we'll show you what it is and how to play it. we'll also trade a little mobile payments i think when we come back. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your...
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Dec 19, 2012
12/12
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CNBC
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so many people -- you want to be bullish, but these guys in washington, and gals in washington, give you so little reason to actually be bullish. you're right. the corporate sector you know, loaded with cash, fundamentals turning positive. >> but this is the big difference from last year, last summer where the economy was so fragile. we were in such a fragile state last suggest so it was easy to tip us over. now we're a little better here in the states but a lot better in china, and a little bit better in europe. >> we've got to get to jim. >> because of the contrarian view, jim, is once we get a deal, we sell right into the deal. >> yeah, that's right. i'm going tonight skunk at the garden party here, and i'm geg going to tell you i never thought we'd get a deal. throwing rocks at each other. more likely we won't get a deal. the economy is as bad as last summer, looking at 1.5% growth for the fourth quarter, maybe the same kind of number for the first quarter. we're going over the cliff in january. that means we're essentially in january because of the fiscal drag will be greater th
so many people -- you want to be bullish, but these guys in washington, and gals in washington, give you so little reason to actually be bullish. you're right. the corporate sector you know, loaded with cash, fundamentals turning positive. >> but this is the big difference from last year, last summer where the economy was so fragile. we were in such a fragile state last suggest so it was easy to tip us over. now we're a little better here in the states but a lot better in china, and a...
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Dec 5, 2012
12/12
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a new "washington post" pew research poll shows 53% of americans say congressional republicans will be blamed if no deal is reached. only 27% said the president should be held accountable. among those polled, 49% do not expect a deal to be reached by the deadline. compared to 40% who are a little more optimistic. 3% of americans were too tired to answer the phone. all right. also today, senator elect elizabeth warren one of wall street's harshest critics being tapped to serve on the banking committee. a final decision will not be made until the new congress convenes next month, but reports say the lobbyists say it's imminent. warren has been focal in her criticism of big banks and in the assumed role, she would oversee firms that she sparred with for years. remember, warren helped create the consumer financial protection bureau, all part of the dodd-frank reform law. many democrats hoped she would lead the agency, but senator republicans threaten to block her appointment. >>> a rare appearance by former senate majority leader bob dole on the senate floor was not enough to sway lawmaker
a new "washington post" pew research poll shows 53% of americans say congressional republicans will be blamed if no deal is reached. only 27% said the president should be held accountable. among those polled, 49% do not expect a deal to be reached by the deadline. compared to 40% who are a little more optimistic. 3% of americans were too tired to answer the phone. all right. also today, senator elect elizabeth warren one of wall street's harshest critics being tapped to serve on the...
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Dec 20, 2012
12/12
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CNBC
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nobody wants to try to predict washington. so i think focus longer term and establish your asset allocation, your portfolio based on your own needs, your own time horizon, your own risk aversion. don't get caught up in the moment because investors that do that get whip sawed. >> thank you. it's great talking you. we wish you the best. >> it's been great talking to over the years. >> we hope the next chapter of your life is as fruitful as the first. coming up, two strong opinions, a good old fashioned street fight. one big one is coming up next. >>> we come back to fast money halftime report. this is herbalife's bill ackman's statement. mr. ackman has been quoted on cnbc saying be weary of companies that restrict or cause access to their earning calls. but when we ask to participate in today's conference he pointedly refuse us access. now we know why. had our executives been there, they would have been able to tear mr. ackman's business model apart. his mistakes are too many to address immediately. so scott, this is probably no
nobody wants to try to predict washington. so i think focus longer term and establish your asset allocation, your portfolio based on your own needs, your own time horizon, your own risk aversion. don't get caught up in the moment because investors that do that get whip sawed. >> thank you. it's great talking you. we wish you the best. >> it's been great talking to over the years. >> we hope the next chapter of your life is as fruitful as the first. coming up, two strong...
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members of congress leaving washington, heading home on wednesday afternoon. one man left standing was the house speaker and he says i'm not going anywhere. >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> but of course, it takes two to tango, so where does president obama stand? >> we can probably solve this in about a week. it's not that tough. >> it's not that tough. he's absolutely right about that. but we heard early this evening that the president and speaker boehner did speak late today on the phone, so that's good news, but in this case, they need face time. they need to spend real time face to face. even democrats think the president needs to do more in person work on this. >> the president is not somebody who he's prioritizing evenings with his family instead of going down and having a bourbon on the rocks with some of the congressional folks. >> sometimes though, you need to do to bourbon like when the country needs you. bourbon, beer, wine, whatever, after a couple of d
members of congress leaving washington, heading home on wednesday afternoon. one man left standing was the house speaker and he says i'm not going anywhere. >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> but of course, it takes two to tango, so where does president obama stand? >> we can probably solve this in about a week. it's not that tough. >> it's not that tough. he's absolutely right...
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Dec 6, 2012
12/12
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i'm chris matthews in washington. let me start tonight with this, with hope. i think we're getting somewhere with this fiscal cliff problem. number one, smart conservatives now say the republicans would face hell if they let this country go over the fiscal cliff. just to protect the top 2%.ç better to take the hit now, they argued, than in january with the world economy in turmoil and second recession coming. number two, john boehner, the speaker is claiming he's met obama's demand for higher taxes for the rich. that's good. he agreed in principle the rich must pay more. number three, there's talk for the republican leaders that they could vote to continue the tax cuts for the 98% now and therefore avoid the fiscal cliff and put off for now the top 2%. and the question then, let the debt ceiling not take effect. a tax cut delayed i argue is a tax cut avoided. joining me with the republican defense highly tauted fan of the eagles, ed rendell and alex wagner of msnbc's "now." governor, i want you to read what's going on here. first speaker boehner defended the
i'm chris matthews in washington. let me start tonight with this, with hope. i think we're getting somewhere with this fiscal cliff problem. number one, smart conservatives now say the republicans would face hell if they let this country go over the fiscal cliff. just to protect the top 2%.ç better to take the hit now, they argued, than in january with the world economy in turmoil and second recession coming. number two, john boehner, the speaker is claiming he's met obama's demand for higher...
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Dec 19, 2012
12/12
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KPIX
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margaret brennan is in washington. margaret, good morning. >> good morning to you, norah and to charlie. the review of the fatal assault blames systemic failures of leadership and management deficiencies at senior levels. within two bureaus of the state department. missteps that ultimately led to the deaths of ambassador christopher stevens and three american personnel at the u.s. consulate in benghazi. >> reporter: the investigation sharply criticizes the state department for a security posture that was, quote, grossly inadequate to deal with the attack. officials ignored requests from the u.s. embassy in tripoli for better security at the benghazi compound. the failure to coordinate is blamed on two departments within the state department. diplomatic security and near eastern affairs. among the findings, there was an intelligence knowledge gap about the high threat environment and the inability of libyan militias to protect the post. they ran away when the attackers approached. there was an inadequate number of diplo
margaret brennan is in washington. margaret, good morning. >> good morning to you, norah and to charlie. the review of the fatal assault blames systemic failures of leadership and management deficiencies at senior levels. within two bureaus of the state department. missteps that ultimately led to the deaths of ambassador christopher stevens and three american personnel at the u.s. consulate in benghazi. >> reporter: the investigation sharply criticizes the state department for a...
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Dec 6, 2012
12/12
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WUSA
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. >> fiscal cliff negotiations in washington, still up in the air. most lawmakers have gone home for a long weekend. >> i'll be here and i'll be available at any moment to sit down with the president if he gets serious about solving this problem. >> the duchess of cambridge has left hospital. there for morning sickness. >> how are you feeling this morning, kate? >> as of today, possession of small amounts of marijuana is legal in the state of washington. >>> now the 55th annual grammy awards revealed. the top contender, kanye west and jay-z. >> he's got it. kobe bryant. the greatest player in the history of the los angeles lakers. >> all that, ready for your mistake? >> yeah. i'd like to hear it. >> can eating while driving be distracting. >> no! >> and all that matters. >> former senator alan simpson is bringing his meg abossage ab the national debt to a new generation. >> gangnam style. >> on cbs "this morning." >> the star? a toddler and tiaras earning a spot on barbara walters list of the 20 most fascinating people, then barbara said, i can't do
. >> fiscal cliff negotiations in washington, still up in the air. most lawmakers have gone home for a long weekend. >> i'll be here and i'll be available at any moment to sit down with the president if he gets serious about solving this problem. >> the duchess of cambridge has left hospital. there for morning sickness. >> how are you feeling this morning, kate? >> as of today, possession of small amounts of marijuana is legal in the state of washington....
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Dec 18, 2012
12/12
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WBAL
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no call -- calls in washington tonight. -- new calls in washington tonight. a long, dorman discussion on capitol hill about gun control. some say it is time to reinstate a ban on assault weapons. one senator from west virginia, a longtime nra member, says he is now rethinking his position. >> i do not know anybody who goes hunting with an assault rifle. i do not know anyone who needs 39 clips. >> lawmakers have shied away from passing tougher gun laws because of the possible consequences. advocates say tougher laws are not the act -- not the answer. avoiding the fiscal cliff is a priority and it appears there is real movement. officials say the president is proposing a deficit reduction package that would increase the top tax rates on those earning $400,000 the year instead of $250,000 ferret the new proposal comes after the speaker proposed tax hikes on those earning $1 million or higher. a giant of the u.s. senate has passed away. he died tonight from respiratory complications. he was the first japanese american serving in congress. president obama said the
no call -- calls in washington tonight. -- new calls in washington tonight. a long, dorman discussion on capitol hill about gun control. some say it is time to reinstate a ban on assault weapons. one senator from west virginia, a longtime nra member, says he is now rethinking his position. >> i do not know anybody who goes hunting with an assault rifle. i do not know anyone who needs 39 clips. >> lawmakers have shied away from passing tougher gun laws because of the possible...
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Dec 11, 2012
12/12
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we had a front row seat here in washington. remember as a child when you would not budge when your friend budged? today, the republicans attacked the decks for not putting any spending cuts on the table, as they push for higher taxes on the highest earners. many democrats say, we can deal with spending cuts later. just raise taxes on the upper income now to avoid going over the fiscal cliff. this, of course, kicks the can down the road. the republicans say no deal if spending cuts are not agreed upon, along with new revenue right now. not later. but now, the next salvo, democrats now are saying that they won't put any spending cut proposals out there, they want to first hear what cuts the republicans want first. i guess so that they can use that against them in the public forum. we'll remember the infamous granny over the cliff ad after paul ryan floated his budget. so, what is the end game here? what if john boehner doesn't blink? we now have less than three weeks before the new year. i have said it before -- i am not expectin
we had a front row seat here in washington. remember as a child when you would not budge when your friend budged? today, the republicans attacked the decks for not putting any spending cuts on the table, as they push for higher taxes on the highest earners. many democrats say, we can deal with spending cuts later. just raise taxes on the upper income now to avoid going over the fiscal cliff. this, of course, kicks the can down the road. the republicans say no deal if spending cuts are not...
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Dec 11, 2012
12/12
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FBC
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there's more news coming out of washington. the federal reserve will announce tomorrow what moves if any it will take when the meeting ends. our next guest is: the open-ended stimulus qe-ternity. many think the fed should do anything. they believe they should stay pat and not say anything until it is after the first of the year. use a qe-ternity is the better way to go. >> that is right. i think the fed has to probably do something to changed operation twists and turns of buying mortgage-backed securities and it is likely they will announce they will continue to have the asset purchase sides but cancels hillsides increasing amount of content using for months by $400 million. to move the gdp rate u right upo where it is centered and 4.5%, closer to 5%. cheryl: i want to be clear on what you think qe-ternity is. you say they will continue to buy mortgage-backed securities, $40 billion per month, but the extension of operation twists would be buying long-term treasuries and continue to buy treasuries both long-term and get out of
there's more news coming out of washington. the federal reserve will announce tomorrow what moves if any it will take when the meeting ends. our next guest is: the open-ended stimulus qe-ternity. many think the fed should do anything. they believe they should stay pat and not say anything until it is after the first of the year. use a qe-ternity is the better way to go. >> that is right. i think the fed has to probably do something to changed operation twists and turns of buying...
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Dec 20, 2012
12/12
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MSNBCW
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"morning joe" live from washington, d.c. is just moments away. l ♪ ♪ you have a heart of gold [ male announcer ] vera wang love. the new diamond bridal collection from vera wang. exclusively at zales. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers.
"morning joe" live from washington, d.c. is just moments away. l ♪ ♪ you have a heart of gold [ male announcer ] vera wang love. the new diamond bridal collection from vera wang. exclusively at zales. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up...
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Dec 23, 2012
12/12
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CNNW
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. >>> to washington now and the negotiations over the fiscal cliff. actually, there really aren't any negotiations now. the president is in hawaii. we're in a bit of a holding pattern as both sides dig in their heels. the middle class and small businesses were the focus during the presidential campaign. but, now, they stand to be the biggest losers as the battle in washington pushes us closer to that cliff. cnn's emily schmidt has more. >> go on. >> reporter: there are people who make overcoming obstacles even those towering 40 vertical feet high look easy. these rock climbers the heart of the climbing center business. >> i think with climbing, you have to trust your partner and you have to know that they're holding your rope. >> reporter: this takes team work which is why she's frustrated of another cliff looming in washington. >> so much uncertainty, not just for me as a business owner but for our members and our clientele. >> reporter: with negotiations stalled, she has put plans to expand her business on hold. she's worried because going over the
. >>> to washington now and the negotiations over the fiscal cliff. actually, there really aren't any negotiations now. the president is in hawaii. we're in a bit of a holding pattern as both sides dig in their heels. the middle class and small businesses were the focus during the presidential campaign. but, now, they stand to be the biggest losers as the battle in washington pushes us closer to that cliff. cnn's emily schmidt has more. >> go on. >> reporter: there are...
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Dec 21, 2012
12/12
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tonight washington republicans are wasting our time. republicans are supposed to vote on john boehner's infamous plan b at this hour. the house is in recess as republican leaders basically are scrambling to get all the votes. house speaker john boehner pushed for a vote on the bill even though it has no chance of surviving in the senate. it would be vetoed by the president if it did. boehner's plan b. it makes tax increases permanent for income above $1 million. compared to the white house plan, basically, folks, it's a joke. president obama proposed a $2.5 trillion package. $1.2 trillion would come from spending cuts. $1.3 trillion would come from tax increases. plan b only includes $1 trillion in tax revenue and the rest of course is unspecified. it also includes no deal on raising the debt ceiling. president obama's latest offer takes the debt ceiling off the table for the next two years, which i think most americans want. boehner flat out lied to the american people today when he announced tonight's vote. >> president obama and sena
tonight washington republicans are wasting our time. republicans are supposed to vote on john boehner's infamous plan b at this hour. the house is in recess as republican leaders basically are scrambling to get all the votes. house speaker john boehner pushed for a vote on the bill even though it has no chance of surviving in the senate. it would be vetoed by the president if it did. boehner's plan b. it makes tax increases permanent for income above $1 million. compared to the white house...
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Dec 27, 2012
12/12
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well, that news comes as president obama rushes home to washington, cutting short his hawaiian vacation in order to resume talks on the fiscal cliff. there are just five days remaining to strike a deal. we'll get to all that in a moment, but first, we begin with a massive winter storm that made holiday travel miserable for millions of americans, including me! winter storm euclid -- what, are we naming snowstorms now? euclid. you can lid? well, euclid blanketed much of the eastern half of the country yesterday, dropping blizzard-like conditions and record snowfall in the midwest, and by late afternoon, euclid moved northeast, bringing traffic to a standstill, forcing the cancellation of more than 1,500 flights on one of the busiest travel days of the year. the weather channel's mike seidel has more on the massive christmas storm. >> reporter: a major snowstorm has dumped over a foot of snow across parts of the midwest. indiana got hit hard. high winds adding to the misery there. >> it's a lot better with the four-wheel-drive, but it, yeah, it's definitely a doozy out there. >> reporter:
well, that news comes as president obama rushes home to washington, cutting short his hawaiian vacation in order to resume talks on the fiscal cliff. there are just five days remaining to strike a deal. we'll get to all that in a moment, but first, we begin with a massive winter storm that made holiday travel miserable for millions of americans, including me! winter storm euclid -- what, are we naming snowstorms now? euclid. you can lid? well, euclid blanketed much of the eastern half of the...
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Dec 28, 2012
12/12
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FOXNEWSW
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all we need to just suck it up, take the consequences of all of the provely gacy over the years in washington, d.c. when they say cut spending, mean it. >> mean it. >> efficient the fiscal cliff, it should be called the obama cliff and swan dive over it. good idea or bad idea? >> yeah. i think that would be part of accepting all the consequences and letting the chips fall where they need to fall. but i think what the house republicans need to do especially, knowing that they had whatever mandate they did have after the election, house to be the opposition party, to stand for core limited government principles and not sell us down the river. particularly all the small business operators and entrepreneurs trying']jñ to kep their head above water. >> thank you very much. have great weekend. >> you too. >>> we have senate minority leader mitch mcconnell existing the meeting now. we're going to keep our eye out and hopefully one of these guys comes to a camera. in the watch it. former president george bush bush remains in intensive care but good news regarding his condition. we'll have the lates
all we need to just suck it up, take the consequences of all of the provely gacy over the years in washington, d.c. when they say cut spending, mean it. >> mean it. >> efficient the fiscal cliff, it should be called the obama cliff and swan dive over it. good idea or bad idea? >> yeah. i think that would be part of accepting all the consequences and letting the chips fall where they need to fall. but i think what the house republicans need to do especially, knowing that they...
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if washington can't do it, maybe this job will pull her back from the cliff. >> oh, my god. i can't believe how excited i am right now. >> reporter: kyung lah, cnn, los angeles. >> the fiscal cliff is a confusing personal topic for a lot of people, so we're giving you the chance to ask our cnn money team specific questions about how the fiscal cliff could impact you, your family, or your business. so just send me your questions on twitter @cnnashleigh and all this week, christine and ali will join me right here to give you the information that you need. once again, tweet me @cnnashleigh. nderstand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus
if washington can't do it, maybe this job will pull her back from the cliff. >> oh, my god. i can't believe how excited i am right now. >> reporter: kyung lah, cnn, los angeles. >> the fiscal cliff is a confusing personal topic for a lot of people, so we're giving you the chance to ask our cnn money team specific questions about how the fiscal cliff could impact you, your family, or your business. so just send me your questions on twitter @cnnashleigh and all this week,...
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Dec 27, 2012
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here, if you're just joining us once again, a breaking story out of washington. seemingly hopeful story. the house announcing it will reconvene sunday evening. bring everybody back at that time and presumably to consider some deal that may come out of the senate at that point. whether or not that happens, the market is not waiting to see the whites of their eyes. the dow was down 150 points at the low of the session and now we're down just 15 points. the dow was positive moments ago. >> really was, and the volatility index, aka the wall street fear gauge, was above 20 earlier on this morning for the first time in many months. it's now 19.22. obviously a little bit of fear coming out of market. let's get more of what's going on in the markets and what's going on in terms of traders feelings about the hope of sunday night. laura myers is from dme securities. what did you think and what did you do when you heard about the house reconveneing? >> you have to realize how event-driven this market really is. everyone is walking on eggshells about what's really going to h
here, if you're just joining us once again, a breaking story out of washington. seemingly hopeful story. the house announcing it will reconvene sunday evening. bring everybody back at that time and presumably to consider some deal that may come out of the senate at that point. whether or not that happens, the market is not waiting to see the whites of their eyes. the dow was down 150 points at the low of the session and now we're down just 15 points. the dow was positive moments ago. >>...
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Dec 26, 2012
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he's flying back to washington tonight and aides say he's ready for a deal. it's not clear whether this trip is a sign of compromises to come or another display of theater showing the president is willing to work even as his opponents skip town. meanwhile, though, americans are growing skeptical. in the last week alone, gallup found a 15-point drop in the number of americans who think congress will negotiate a deal on the fiscal cliff. that's not all, holiday spending also hit its lowest rate since the 2008 recession, which retailers are blaming on the uncertainty in washington. so where do we go from here? well, since the house failed to get a vote on the tax package last week, all eyes are on the senate. a temporary deal that would basically extend all the tax cuts for those making under a quarter million. the deal would also rescue long-term unemployment benefits and instead of addressing those automatic spending cuts we've all heard about that are set for january 1st, this temporary deal would delay them for another six months. few are optimistic this new
he's flying back to washington tonight and aides say he's ready for a deal. it's not clear whether this trip is a sign of compromises to come or another display of theater showing the president is willing to work even as his opponents skip town. meanwhile, though, americans are growing skeptical. in the last week alone, gallup found a 15-point drop in the number of americans who think congress will negotiate a deal on the fiscal cliff. that's not all, holiday spending also hit its lowest rate...